The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-09-01
ANOTHER FINANCIAL NAPOLEON.
A Youthful Operator Disappears with About
100000 Belonging to a Maine Bank.

SACo, Me, Aug. 31-The biggest sensation
Saco has ever experienced developed this morn
ming, when it was learned that the Saco and
Blddeford saving institution had seriously suf-
fered financially through young clerk who
has absconded. Frank G.. McNeiily, nineteen
years old, who has been employed in the bank
about one year, has mysteriously disappeared
taking with him So, 500 in cash. United States
registered per cent. bonds payable in 1907, to
the amount of Sl65, GOO, and railroad municipal
and other bonds amounting. as near az can now
be determined, to about $91, 600. Though he
left town on Monday afternoon, yet the bank of
fcers and family have kept the matter so quiet
that the news did not leak out until this morn
ing. Great excitement prevails here. as Mr..
McNeilly was considered one of the most trust
worthy young men in the city. The president,
trustees and cashier placed the greatest con fl
dence in him. He acquainted with the
combination of every lock in the bank vaults.
Cashier Melville II. Kelly is also treasurer of the
Mutual Fire Insurance company. On Monday
afternoon loss was reported by a fire at henne-
bunk. kelly went to view the ruins, leaving
Frank McNeilly to finish up the days accounts.
When Kelly opened the bank. Tuesday morning,
ne Iouhd Mondays accounts We're not completed.
president Goodale notified. and the entire
Afternoon was spent examining the contents Of
Inc safe A large amount of gold and currency,
which McNeilly could easily have stolen was
1nmolested. President Goodale was interviewed
by reporter this morning He saws the loss is
30 much less than the surplus that the bank
will be perfectly safe, even if the amount taken
by the absconding clerk is never recovered The
k1SJ 600 in United States registered bonds can
not possibly be used by the thief Tho nank's
statement last May places the surpl as at a little
over $63 000 Treasurer Kelly has posted a no.
tice outside of the bank stating III at the hank ia
SAFE and that depOsitors need feel no alarm
Bank-examiner Richards is expe .ued to arrive
to-day Detectives have been en- gagged and sent
in All directions A dozen of NcNeilly's Dhoto-
graphs have been found in bank drawer and
have been placed In the hands of detectives
McNeilly is five feet eleven inches high weighs
l41 pounds, has dark hair, smooth face fair
complexion, stands very erect when walking is
of good figure and would be called handsome.
When ne left he bad light mixed coat dark
worsted pants and congress shoes. The ticket
agent at the Boston d Maine station at Bidde-
ford Is positive that McNeilly bought a ticket
there on Monday. but does not remember the
destination.
FARMSGToN. Me-, Aug. 31.-E. +. Richards.
State bank examiner. was seen ight in
gard 10 the embeZzlement from the Saco and
Biddeford Savings institution. of Saco. reported
to-day. lie sa1d that If the statement given in
the papers OF the amount stolen from the safe is
correct, the bank Will still be able 10 pay
all ITS depositors and creditors, sand
then have surplus OF about $400. 900. The
punished statement regarding the banks sur
plus, the examiner @ays, is incorrect. The
rect hgures are S5C3, sol. given after his last
examination o. the bank, March lG last